Grammy-winning composer and singer-songwriter Duncan Sheik recently has reduced the asking price for his 2,402-square-foot loft

condominium unit in Manhattan's TriBeCa area from $2,925,000 to $2,850,000.


The New York Times' Josh Barbanel broke the story (registration required) on Sunday of the listing of the apartment by Sheik, 38. Located at 195 Hudson Street in TriBeCa, Sheik's unit currently is configured as a one-bedroom, one and a half bath unit with a soundproof recording studio. However, listing information makes clear that the condo can be easily converted to two bedrooms and two baths. The unit also has 12-foot ceilings, four exposed columns, nine new double-paned windows with eastern exposures and a wood-burning fireplace, according to listing information. Other features include a large utility room with a washer/dryer in the apartment, an additional large storage room on the same floor, and an open kitchen with green fire slate countertops, a DCS gas range, GE Monogram appliances and a wine refrigerator, according to listing information. The unit also has a deeded private parking space, according to listing information.


Sheik paid $850,500 for the unit in late 1999, according to public records. He is selling the unit, he told the Times, because he would like his home to be solely his home, and not also the place where he composes and recordsh. 'I need to be an adult and separate my work space and my living space,' he told the Times. The Times reported that Sheik now 'has his eye on' an 'elegant three-bedroom apartment' in a prewar building in the Gramercy Park area of Manhattan. If the address of the building where Sheik is trying to sell his unit sounds familiar, that's because rapper Jay-Z famously paid $6,850,000 in September 2004 to purchase the 8,309-square-foot duplex penthouse on top of the building through his Brooklyn Projects LLC company, according to public records. We mentioned this purchase in our post on February 21, 2007. Check out an online listing sheet for Sheik's TriBeCa unit -- complete with photos -- here. We'll keep you posted on what Sheik's TriBeCa unit sells for -- and also, exactly where he ends up in Gramercy Park. Stay tuned.